You are correct. The information in the Dept of Education

reports that is used by USA Today has a lot of estimates, inconsistencies in reporting various components of subsidies among the schools, generally reports contributions as they are used/expended, and is not indicative of financial management.

The only way to truly analyze the athletic operations of the various schools is to have access to or copies of audit reports of the school athletic departments and related fund raising organizations. Some reports can be found on the internet, but a lot cannot be found without requesting them pursuant to freedom of information act requests. Some states, like Pennsylvania, exempt these documents from FOIA laws.

Folks can moan and bitch about Swofford and the ACC operations and prior/current business decisions. But, in reality, only the ACC member school presidents and boards of visitors/directors have any say so in the matters.

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